1693-1695 Watertower Drive, Columbus, OH 43235

Property Description

INVESTORS AND OWNER-OCCUPANTS! Rare opportunity to own a spacious duplex in the highly desirable Worthington School District with Columbus taxes. Conveniently located near I-270, SR-315, shopping, dining, and major employment centers. One unit is leased through May 2027, while the vacant unit offers immediate income potential with market rents estimated at approximately $2,300 per month. Unit 1693 is tenant-occupied through May 2027 at $1,850 per month plus $80 per month water reimbursement. This well-maintained unit features 3 bedrooms, 2 full baths upstairs, including a private primary bath, plus a spacious living room, family room, eat-in kitchen, and convenient first-floor half bath. The partially finished lower level provides additional living space, storage, mechanical area, and washer/dryer hookups. An attached 2-car garage and large backyard complete the package. Unit 1695 is vacant and ready for a new tenant or owner-occupant. This unit offers 3 bedrooms, 1 full bath upstairs, a first-floor half bath, spacious living areas, a partially finished basement with storage and washer/dryer hookups, an attached 2-car garage, and private outdoor space. With comparable market rents reaching approximately $2,300 per month, the vacant side offers significant income potential and immediate upside for investors, or the opportunity to live in one unit while generating income from the other. Tenant rights apply. Unit 1693 will be available for viewing only after an accepted contract. Unit 1695 is available for showings. Please do not disturb tenants. Wood-burning fireplaces are not warranted and are not known to be functional. See attached property memorandum for additional details and recent improvements. Seller may participate in a 1031 Exchange.